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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
South Korea pauses CBDC testing to shift focus to domestic stablecoins
The Bank of Korea (BOK) has decided to suspend the second phase of the national digital currency testing project (CBDC), as the stablecoin pegged to the won is receiving strong support from the government.
According to Yonhap, the BOK has informed the banks participating in the Hangang CBDC project that they will monitor the legal process related to stablecoin before proceeding with the implementation. The first phase of the trial, involving 100,000 residents using CBDC at local stores, is expected to conclude this month.
High implementation costs — approximately 5 billion won (3.7 million USD) per bank — and the lack of a specific plan are putting financial pressure on many banks. Meanwhile, large companies such as Kakao, Naver, and 8 major banks in South Korea are collaborating to develop a stablecoin pegged to the won.
New President Lee Jae Myung has committed to legalizing the issuance of domestic stablecoins in order to prevent capital flight, while also promoting a new legal framework for this sector. The BOK has also expressed goodwill towards stablecoins if the risks are adequately controlled.